InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,035.69
(
-1.57%
)
US TECH 100
16,902.40
(
-0.48%
)
Dow Jones
37,815.92
(
-1.49%
)
Brent Oil
85.29
(
-0.70%
)
Bitcoin
57,003.65
(
-5.94%
)
Post# of 216568
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Kroooo

Send PM Follow Ignore
Followers 2
Posts 372
Boards Moderated 0
Alias Born 05/01/2017

Kroooo

Re: None

Monday, 08/14/2023 3:33:57 PM

Monday, August 14, 2023 3:33:57 PM

Post# of 216568
Hello, I follow a stock that recently had two directors and an officer (or visa versa) convert their series B preferred shares to common shares. The O/S before this conversion was 9 million and the O/S now is 13million after the conversion. Between the three of these men they own 6.5 million common shares... so half of the company. Why do you think they would have made this conversion? Confidence in the stock pps rising, sale of company incoming or something else entirely? What are your thoughts?
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up